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Friday, 08/02/2019 10:11:04 AM

Friday, August 02, 2019 10:11:04 AM

Post# of 1524
The good, the bad, and the ugly. I am long EXDI. But as I have posted my reason for being on this board is to bring and share facts regarding our investment. The 8k yesterday had many good things in it and is available on IHUB under news to read. The ugly first-our float increased to 37M in a money raise/private placement in order to raise 1.9M. AT 58 CENTS PER SHARE. WTF. Was this a friends and family deal or a chance to bring in the needed institutional investors I was told we were seeking in NY. Stay tuned. The bad-Previous biotech ventures have ended and the resulting financials adjusted including the termination of an outstanding preferred issue. The good-we terminated the failed biotech venture and now are 100% hemp/CBD focused and the former CEO is gone along with the preferred. We bought for a fair price the ability to package and process our crop's CBD oil into our products in order to control costs and quality and meet demand and be vertically integrated. We also must remember that Ceed2Med continues to monitor dilution in order to maximize pps and his and our investment. The pieces are in place. Execution will determine our pps. When I get clarity on the 58 cent investment I will get back to the board. I will be speaking to the company next week. Forgive me if I try to get the same deal, lol. Have a nice weekend.
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